China - Hemp Tow - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHemp Tow Prices in China
China Hemp Tow Export Price in August 2022
In August 2022, the hemp tow price amounted to $10.1 per kg (FOB, China), increasing by 8.1% against the previous month. In general, the export price showed a perceptible increase. The pace of growth appeared the most rapid in March 2022 an increase of 86% m-o-m. As a result, the export price attained the peak level of $13,487 per ton. From April 2022 to August 2022, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In August 2022, the country with the highest price was Japan ($10.6 per kg), while the average price for exports to India ($6,992 per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
China Hemp Tow Export Prices by Type
Average prices varied somewhat for the major types of exported product. In August 2022, the product with the highest price was hemp (cannabis sativa l.); processed (other than retted) (but not spun), true hemp tow and waste (including yarn waste and garnetted stock) ($11.1 per kg), while the average price for exports of hemp (cannabis sativa l.); raw or retted, but not spun totaled $8,200 per ton.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for the following types: hemp (cannabis sativa l.); raw or retted, but not spun (+8.1%).
China Hemp Tow Exports
In August 2022, the amount of hemp tow exported from China skyrocketed to 32 tons, increasing by 123% on the previous month's figure. Over the period under review, exports, however, showed a deep slump. The growth pace was the most rapid in June 2022 when exports increased by 610% month-to-month. Over the period under review, the exports attained the peak figure at 137 tons in January 2022; however, from February 2022 to August 2022, the exports failed to regain momentum.
In value terms, hemp tow exports skyrocketed to $318K (IndexBox estimates) in August 2022. Overall, exports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in June 2022 with an increase of 460% month-to-month. Over the period under review, the exports hit record highs at 986 tons in January 2022; however, from February 2022 to August 2022, the exports stood at a somewhat lower figure.
China Hemp Tow Exports by Type
Hemp (cannabis sativa l.); processed (other than retted) (but not spun), true hemp tow and waste (including yarn waste and garnetted stock) (21 tons) and hemp (cannabis sativa l.); raw or retted, but not spun (11 tons) were the main products of hemp tow exports from China.
From January 2022 to August 2022, the most notable rate of growth in terms of shipments, amongst the major product types, was attained by hemp (cannabis sativa l.); raw or retted, but not spun (with a CAGR of +40.0%).
In value terms, hemp (cannabis sativa l.); processed (other than retted) (but not spun), true hemp tow and waste (including yarn waste and garnetted stock) ($228K) remains the largest type of hemp tow exported from China, comprising 72% of total exports. The second position in the ranking was taken by hemp (cannabis sativa l.); raw or retted, but not spun ($90K), with a 28% share of total exports.
From January 2022 to August 2022, the average monthly rate of growth in terms of the export volume of hemp (cannabis sativa l.); processed (other than retted) (but not spun), true hemp tow and waste (including yarn waste and garnetted stock) totaled -18.8%.
China Hemp Tow Exports by Country
Japan (18 tons), Tunisia (11 tons) and India (2.6 tons) were the main destinations of hemp tow exports from China, with a combined 99% share of total exports.
From January 2022 to August 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of +21.7%), while the other leaders experienced more modest paces of growth.
In value terms, Japan ($186K) emerged as the key foreign market for hemp tow exports from China, comprising 58% of total exports. The second position in the ranking was taken by Tunisia ($90K), with a 28% share of total exports.
From January 2022 to August 2022, the average monthly growth rate of value to Japan totaled +15.3%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Tunisia (+2.6% per month) and India (+5.5% per month).
This report provides an in-depth analysis of the hemp tow market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 777 - Hemp fibre and tow
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the hemp tow market in China.
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This report provides an in-depth analysis of the global hemp tow market.
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This report provides an in-depth analysis of the hemp tow market in China.
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This report provides an in-depth analysis of the global hemp tow market.
719
The UK (+73.5% per year) recorded the highest rates of growth with regard to the value of imports
1297
Global primary fiber crops consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
2744
Global primary fiber crops exports amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
1678
Global primary fiber crops imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
3133
In 2015, the countries with the highest levels of fiber crops production were Brazil (X thousand tons), Vietnam (X thousand tons), Canada (X thousand tons), together accounting for X% of total output.
2728
India dominates in the global fiber crop trade. In 2014, India exported X thousand tons of fiber crops totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total fiber crop exports
719
The UK (+73.5% per year) recorded the highest rates of growth with regard to the value of imports
